NHAI hosts workshop to promote Insurance Surety Bonds for contracts devdiscourse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from devdiscourse.com Daily Mail and Mail on Sunday newspapers.
Addressing the annual conference of Highways Operators Association of India, road transport and highways minister Nitin Gadkari said the government will move to a GPS-based toll collection by March next year. The move is aimed at reducing traffic congestion and charging motorists for the exact distance travelled on the highways, he said.
Addressing the annual conference of Highways Operators Association of India, road transport and highways minister Nitin Gadkari said the government will move to a GPS-based toll collection by March next year. The move is aimed at reducing traffic congestion and charging motorists for the exact distance travelled on the highways, he said.
To boost liquidity and capacity of bidders, NHAI has accepted Insurance Surety Bond for the monetization program of the upcoming bid of Toll Operate Transfer (TOT) Bundle 14. This will be the first time this innovative instrument is being utilized as a Bank Guarantee (BG) in the road infrastructure sector for monetization of bids. NHAI…
Insurance Surety Bond issued for NHAI monetization bid of TOT bundle 14 @ 0.25% devdiscourse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from devdiscourse.com Daily Mail and Mail on Sunday newspapers.